Terra (LUNA) Trading 10.5% Lower Over Last Week

Terra (LUNA) traded up 3.2% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on February 26th. In the last week, Terra has traded down 10.5% against the U.S. dollar. Terra has a market cap of $161.40 million and approximately $28.54 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be bought for $0.23 or 0.00000256 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 0.7% lower against the dollar and now trades at $0.23 or 0.00000259 BTC.
• Tezos (XTZ) traded up 1.4% against the dollar and now trades at $0.78 or 0.00000880 BTC.
• Terra Classic (LUNC) traded up 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.2% against the dollar and now trades at $0.26 or 0.00000297 BTC.
• Adshares (ADS) traded up 2.9% against the dollar and now trades at $0.55 or 0.00000621 BTC.
• GXChain (GXC) traded up 8.7% against the dollar and now trades at $0.25 or 0.00000286 BTC.
• BitShares (BTS) traded 2.5% higher against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Terra Coin Profile

Terra uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 709,984,438 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for Terra is terra.money. The official message board for Terra is medium.com/terra-money. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here.

According to CryptoCompare, “Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. It uses proof-of-stake consensus and ground-breaking technologies to provide an unparalleled DeFi experience. On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain and the airdrop of Luna tokens to users. On May 27th, 2022, the phoenix-1 Terra mainnet launched. UST was an algorithmic stablecoin created by Terraform Labs which tied to Luna tokens but lost its peg and crashed, leading to the collapse of both Luna and UST.”

Terra Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView